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FOUR HONOLULU STAB-BULLETIN, THURSDAY, AUGUST 1G, 1917. .- C R COOKE, President C. D. LUFKIN, Vice-President and Manager. BANK OF MAUI, LTD. Wailuku. Paia. Lahaina. STATEMENT Showing its condition, at the close of business, July 31. 1917. A""ETS, OWNED BY THE BANK. LOAN'S, DISCOUNTS AND OVERDRAFTS 546.879.4 i This represents loans and advances to customers of the bank. CASH ON HAND AND IN BANKS 163,050 69 Actuai roW and stiver coin and sllu exchange on corres pondent banks. BONDS AND 'SECURITIES 282,561.59 Th's is practically our secondary reserve, for the protec tion of our depositors, consisting principally of high grade Territorial, Railroad and Industrial Bonds. REAL ESTATE AND BANKING PREMISES Actually owned by the Bank, located at Wailuku, Lahaina and Paia. FURNITURE AND FIXTURES Contained. h. the Main Bank at Wailuku, and its Branches at Lahaina and Paia. LEASEHOLD Representing the valuation of the Bank's equity in the least upon its Wailuku property. TOTAL RESOURCES $1,027,016.69 LIABILITIES. CAPITAL STOCK PAID IN $ 150.000.00 SURPLUS AKD UNDT"IDED PROFITS 18,604.28 DIVIDENDS UNPAID 21.00 .DEPOSITS .v..., 858,391.41 The Bank tad Kk Branches has total deposits net, as above. TOTAL LIABILITY S1.027.0H.69 . Territory of Hawaii, ) "Island and County of Maui. ) I, J. Garcia,. Caohier of the above-named Bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. ' J. GARCIA, V . v, Cashier. -N Subscribed and sworn to before me this 10h day of August, A. D. 1917. Attest; CD. LUFKIN ) D. H. CASE ) pirectors. R. A. WADSWORTH ) A "Hi , .1 . . i ill r. Tr77n nim u- ivjiivjijcij. OAIllj RA1LVAY and HALEIVA HOTEL Thirty "Say eicurslon tickets between Honolulu and Walalua. Ha lelwa or'Kahuku: First-class. JU5j second-class, tl.80. v, h Special weekly rates at Hotel durin' summer months, 125.00. ' -v Splendid bathing, olt tennis, glass-bottsm boats, rowing.' pooL ;";-. ' An Ideal vacation resort. ; . '' - . ' ;- " tv- : , TV- el - -V ' HI vay- Vli -- 4. '?; i uanu uain Stained Glass of , -Plain Qass Windows ,VI10PHAHE' costs about one-tenth the qost of Stained Glass: VITBOPHANE can be used instead of cur tains or blinds. VITROPHANE gives privacy and hides .;nnsightiy views. It is easy to apply. nd once there remains ' as long as the glass lasts. yiTBOPHAKE Flags, large and small, for v;;dows and auto windshields. v.; ; Lasers & Gcolse, Ltd. Lumber and Building Materials 469-177 So. King St I100.00 6,600.00 925.00 ENOS VINCENT, Notary Public. Examined and found correct: M. H. DRUMMOND, Territorial Bank Examiner ; 5 We carry the finest assort ment rof Oriental Cnrios ;; and Nov elties in the islands. Japanese Bazaar it: Fort St, opp. Catholic Chnrr.fc out Hotel naieiva mm COMMERCE AL DWINDLING BIO mm (Ly Curaikow-Rionda Company.) NEW YORK. July 27 Notwithstand ing that our refiners last week secured over 100,K tons of raws, principally ior August shipment, there has been no check to the advancing course of the market initiated some time ago. Shortly after opening of the current week, when refiners had obtained ad ditional moderate quantities at the last quotation of 5.625c. cJ., the price of August shipment Cubas advanced other .06c per lb. to 5.69c, c.f. (6.71c! This was followed by a further seriea of rapid advances which, at the close, has brought Cubas up to 5.94c. c.f. (6.96c), which is the highest point reached since outbreak of the Euro pean war. The spot quotation was raised .24c. per lb. to 6.89c. basis 96 deg. It is significant that, despite this recent sharp advance, the week's total reported business aggregates only about 27.000 tons Cubas and 5,000 tons Porto Rlcos, the latter description having sold as high as 6.77c. deliver ed New York. The reason for this is doubtless to be found in the influence of the knowledge that only about 175, 000 tons of the present stocks in Cuba remain unsold, in conjunction with the fact that as regards the balance of about a like quantity estimated as still to be produced this campaign, plant ers are reluctant to commit them selves for future delivery, owing to uncertainty on their part as to wheth er ruling estimates will actually be attained. In his connection it may be said that heavy rains now falling in those sections of the Island in which come Centrals still continue at work is bound to curtail their output from now on. Another factor of much importance has been a continued active demand for the refined product for both do mestic use and for export, at a time when the total Btocks of 222,274 tons in all bands at the Atlantic ports are 64,769 tons less than those of a year ago, and of which no part is at pres ent for account of importers as com pared with 114,026 tons held by them at the corresponding date In 1916. The recent appearance of Canadian refiners in this market for moderate quantities of Cubas, for which they yesterday paid as much as 5.94c. c.f. New York, forecasts further buying from that quarter. The necessity for such procedure is understood to have arisen from the very limited quantity remaining available from the British West Indies for Canadian require ments, large purchases , by United Kingdom having made deep inroads uponJthia source ot'?pp$, . f As Indicated by the foregoing short outline of the outstanding features, it cannot be denied that the situation is now stronger than it has been at any period since the World war started, and the main cause for this present strength of the sugar market is the Inability, through scarcity of tonnage for the purpose, to ship sugar from Java to Europe. Owing to this latter condition of affairs, the Island of Cuba, with a smaller production this campaign than last, has had to be the principal source of supply for the 'sugar demands of both the United States and Europe. . On tho New York Coffee and Sugar HAWAIIAN SUGAR $109 INSTATES The average price received to. date for Hawaiian sugar is approximately $109 per ton for that shipped to the Pacific Coast refineries and $105 for that shipped to the Atlantic Coast re fineries, according to local sugar men who have been following the market closely. The difference of $4 between the Pacific and Atlantic coasts is taken up in the added freight rates. The exact figures at this time arts impossible to obtain due to the slow ness of the returns being received here from the east. According to E. A. R. Ross, treasurer of C. Brewer Co., of the last sixteen shipments sent to the Atlantic coast only remittance for five have been received here. This is due to the freight congestion on the mainland. Those from the Pacific re fineries are received more promptly but the price of shipments as a whole cannot be figured accurately. TO BRINGS S 1 05 AND FAMOUS VOLCANO HOUSE DIRECTLY OVERLOOKING THE VOLCANO OF EILATJEA COVERS ALL EXPENSES Steamer every Wednesday and Saturday Inter-Island Steam Navigation Co., Ltd. phone 4941 Queen Street 01 0 REFINED i Exchange the course of prices this week has been steadily upward, and this evening's closing bids of August 6.82c September 5.81c. October 5.75c. November 5.74c. December 5.46c. January 5.10c. February 4.89c. March 4.88c. April 4.90c. and May 4.93c. be ing from .08c to .33c per lb. above last Friday's final figures. The great est gain was made in August delivery. At yesterday's Jiose of 5.75c, the July postlon was .25c above last week's closing bid. The receipts for the week at the three Atlantic ports were 46.951 tons, compared with 55,106 tons last year and 57,418 tons in 1915. FIRST RUN oVTrlADERA MILL PRODUCED GOLD A report from E. W. Shanks, vice president of the Madera Gold Mining Company, says that the mill valueB are better than anticipated and a clean-up will be held August 27. The mill was started August 5 and ran for four hours without the slightest difficulty. 20 tons being put through. Gold could be seen on the plates 15 minutes after the mill was started. By the first of -next week it is expected that the mill will be run ning full capacity of 100 tons. SMELTER RETURNS OF MONTANA-BINGHAM $7000 According to a report received this morning from Jorgen Jorgensen, who is now visiting the Montana-Bingham properties, from July 31 to August 14 the smelter returns totaled $7000 while the ore mined and concentrates which are ready for shipment amount to approximately $10,000. All efforts are now concentrated on the devel opment of Fortuna and the main tun nel, which are turning out 60 tons daily with an average of 24 per cent copper. Only a little work is being done on the Valentine. am $977,176,026 IN GOLD IMPORTED. According to figures just compiled by the Statistical Division of the Bureau of Foreign and Domestic Com merce of the Department of Com merce, imports of gold Into the United States in the fiscal year ending June 30, 1917, far exceed tne total of any previous year. The total movement of fold and sil ver between the United States and foreign countries during the fiscal year involved $1,382,380,745. The Im ports of gold amounted to $977,176,026 and of silver to $3,003,563. Gold ex ports amounted to $291,921,225, and silver exports to $78,279,931. The net Imports of gold during the fiscal year aggregated $685,254,801, which is a noticeable Increase over the net Imports of $403,7&).733 in 1916. Net exports of silver showed an in crease in 1917; but as silver is pro duced in great quantities in this coun try and is sold abroad in the same manner as other commercial commodt ties, an excess of exporu therefor has no such significance as might be at tributed to a simi'.&r movement in gold. FALLING MARKETS HIT SPECULATORS IN FOWLS CHICAGO, III. A falling market has caught speculators in dressed Doultrv in the United States with more than . 51,000,000 pounds of the cold storage proauct on tneir nanas, according to local dealers, who blame a bie crOD. disappointing volume of exports and high prices for the con dition. The result is, according to the deal ers, that in a last effort to dispose of their stocks at a minimum loss, frozen cold storage poultry, some of It two years old, is now being sold as fresh killed Iced stock by some of the speculators. xtmt of th suoDlles are said to have been accumulated last fall at the highest prices in history, in the belief that European countries would flood the market with orders. This has not been done. TtaAlera here assert that the specu lators, by their methods, were respon sible for an increase last iaii in orices of from 3 to 5 cents per pound on cold storage poultry. GOLDS CAUSE HEADACHES LAXATIVE BROMO QUININE re moves the cause. Used the world over to cure a cold in one day. The signa ture of E. W. GROVS is on each box. Manufactured by the PARIS MEDI CINE CO., St. Touis, U. S. A. n THE N RULING PRICES NEW Honolulu Stock Exchange Thursday, Aug. 16. MERCANTILE Alexander A Baldwin . . . C. Brewer A Co. SUGAR Ewa Plantation Co I aiku Sugar Co Hawaiian Agr. Co Hawn. Com. A Sugar Co. Hawaiian Sugar Co Honokaa Sugar Co Honomu Sugar Co Hutchinson 8ugar Plant. -Kahuku Planation Co. . . Kekaha Sugar Co. Koloa Sugar Co. McBryde Sugar Co., Ltd. Oahu Sugar Co Olaa Sugar Co, Ltd Onomea Sugar Co Paauhau Sugar Plant. Co. Pacific Sugar Mill Paia Plantation Co Pepeekeo Sugar Co. . . . Pioneer Mill Co San Carlos Milling Co. . . Waialua Agr. Co Wailuku Sugar Co MISCELLANEOUS) Endau Dev. Cr, Ltd 1st Is. Aa. 7 pc Pd.... 2nd Is. As. fully paid... Haiku Fruit A Pack. Pfd. Haiku Fruit A Pack. Com Hawaii Con. Ry. 7 pc A. . Hawaii Con. Ry. 6 pc B.. Hawaii Con. Ry. Com... Hawaiian Electric Co. . . . Hawaiian Pineapple Co... Hon. Brew. A Malt Co.. Honolulu Gas Co., Ltd.. Hon. R. T. A L. Co Inter-Island S. N. Co.... Mutual Telephone Co. . . Oahu Railway A Land Co. Pahang Rubber Co Selama-Dindings, Pd. ... Selama-Oindings, (70 pc.) Tanjong Olok Rubber Co. BONDS Beach Walk Imp. Dist.. Hamakua Ditch Co., 6s.. Hawaii Con. Ry. 5 pc... Hawaiian Irr. Co., 6s.... Haw. Ter. 4 pc Rtf untf . . Haw. Terr! 4 pc Pub Imp Haw. Terr. Pub. Imp. 4 pc Hawn. TerKI, Sa pc Honokaa Sugar Co., 6 pc. Honolulu Gas Co., Ltd, 5s Kauai Ry. Co., 6s... Manoa Imp. Oist McBryde Sugar Co, 5s.. Mutual Telephone, 5s ... Oahu Railway A Land Co. Oahu Sugar Co, 6 pc... Olaa Sugar Co, 6 pc...! Pacific Guano A Fer. Co. Pacific Sugar Mill Co, 6s San Carlos Milling Co... Id Asketf 450 3 34'2 ... 47', .. 37H 194 21 103, l0'a 29'4 29', 54 55 ...... 19 364 37'2 ..... 27 20 7 1 74 2 44'2 16' 4 145 190 .... 19 .... 157Ja .... 20 'Va 15H .... 40 90 101 105 106 no . . . . 100 ' Between Boards: Sales? iv ins 230 Pioneer, 37; 20 Kahuku, 19.75; 30 mcoryao, lug; Ewa, 33.75; 125 SL Dfnd. Pd, 15.25. Session Sales: 5 H. B. A'M, 16.25; 5 Oahu, 29.75; 10, 25 Oahu, 29.50; 10 Ewa, 34. Latest sugar quotation: 96 deg. test 7.52c, or $150.40 per ton. UNLISTED SECURITIES. Thursday, Aug. 16. OIL Li , , Bid Asked Honolulu Con. Oil 4.60 4.70 MINING Cal. Hawn. Dev. Co 10 Engels Copper Mining 6.75 &Vt Mineral Products Co.. .09 .10 Mountain King Mining 22 2 Tipp. Gold Min. A Mill job Montana Bingham Co. .49 .50 Madera Mining Co 43 .44 Sales: 13,600 Madera, .43; 500 Ma- ',44; 714 En8tl, W7'a; 4200. 4000 Bingham, .50; 1000 M. Products, .09; 775 M. King, .24; 35 Engels, 6.87J2; 3400 M. Products, .09; 100 Ma dera, .44; 2900 Madera, .43; 900 Bing ham, .49. Sugar 7.52cts Henry Waterhoiise Trust Co Ltd. Members Honolulu Stock and Bond Exchange Fort and Merchant Streets Telephone 12C4 The Outrigger Clnb expects to con tinue its "moonbeam' dances as soon as the next full moon comes around again. 'Under this plan a dance will be held on that Saturday night ot each month when there is a full moon, (or the members of the club. IN THE CIRCUIT COURT. FIRST Circuit, Territory of Hawaii In Probate At Chambers, No. 5120. In the matter of the Estate of John D. Holt, deceased. On reading and filing the petition and accounts of Harry H. Holt, admin istrator of the Estate of John D. Holt, deceased, wherein petitioner asks to be allowed $719.00 and charged with $1117.65, and asks that the same be examined and approved, and that a final order be made of Distribution of the remaining property to the persons thereto entitled and discharging peti tioner and sureties from all further responsibility herein. It is ordered, that Friday, the 21st day of September, A. D. 1917, at 2 o'clock p. m. before the Judge presid ing at Chambers of said Court at his Court Room in the Judiciary Building, in Honolulu, City and County of Ho nolulu, be and the same hereby is ap pointed the time and place for hear ing said Petition and Accounts, and that all persons interested may then and there appear and show cause, if any they have, why the same should not be granted, and may present evi dence as to who are entitled to the said property. By the Court: J. C. CULLEN. Clerk First Circuit Court Dated the 15th day of August, 1917. W. B. LYMER, 33 South King Street, Attorney for Administrator. 6866 Aug. 16, 23. 30, Sept 6. ahen Your Eyes Need Care Try Murine Eye Remedy Bethel Street 2 If You W ant CALL CASTLE & COOKE, Limited General Insurance Agents Fort and Merchant Streets HAWAIIAN TRUST CO., Ltd. Stocks and Bonds Real Estate Insurance Safe Deposit Vaults Authorised by law to act as Trustees, Execu tors, Administrators and Guardians Enist your surplus capital in your own and your fam ily welfare. Start a Sav ings Account 4 Interest Paid on Savings Deposits. Bank of Hawaii, Ltd. Fort and Merchant Bank 0 Honolulu Ltd. Fort Street, ntsr Queen Transacts a general Banking Business. Invites year account and guar antees safe and efficient service. Exchange. Letters of Credit and Travelers Chacka Issued on principal points. Cable Transfers E. C. PETERS S10 McCandiess Blda. Honolulu T- H. Stocks, Bonds, Securities, Leans Negotiated, Trust Estates Managed Keep your SAVINGS In a safe placs. W pay Interest BISHOP & COMPANY. P. M. BURMBTTE d 79 Merchant St Phone 1848 NOTARY PUBLIC Commissioner of Deeds California and New York Draws: Wills, Deeds, Mortgages and all Legal Documents Insurance B. F. DILLINGHAM CO, LTD. PHONE 4915 Fire. Life. Accident, Compensation SURETY BONDS Money to Loan HOME INSURANCE COMPANY OF HAWAII, LIMITED 819 Fort Street Telephone 3529 LUMBER Paints, Plumbing Supplies, Building Materials. Prices low. Houses built on Instalment plan. Choice House Lots for sale. CITY MILL COMPANY, LTD. Telephone 2478 P. O. Box 951 JAPANESE SILK GOODS AND CURIOS, ECI0N03 AND EMBROIDERIES SAYEGUSA 1120 NUUANTJ STREET, JUST ABOVE HOTEL TRUSTS 'V INSURANCE SAFE DEPOSITS STOCKS and BONDS REAL ESTATE LOANS Phone 3646 Life, Fire, Marine Automobile, Tourists' Baggage or Accident Insurance, UPON Alexander &i Llmftsd Sugar Facton Commission Merchant! and Insurance Agent Agents for Hawaiian Commercial ft Sugtr Company. Hafki Swat Company-. Paia Plantation Company. ' Maul Aclwral.Coopaay. x Hawaiian' BdiarcpaDy. Kahttlul Railroad Company. McBryde 8ufar Company. V Kahullu .Railroad Company;- ' Kauai Fruit Land Co, Lid,-, lionoloa Ranch. ' (LIMITED), SUGAR FACTORS COMMISSION MERCHANTS SHIPPING AND INSURANCE AGENTS FORT ST, HONOLULU, T. H. List of Officer, and Directors; Vlce-Preald'ent ind 'sicritary ?A2r2X v,-rsldsnt E. A. R. ROSS Treasurer S'iiSSH Olretf C H. COOKE Director J. R. GALT Director 5 .??3KE Director D. G..MAY Auditor J. F. MORGAN CO., LTD. STOCK BROKERS Information f umlshed and Loans t Made Merchant Street Star Bulldlne t Phone 1572 : THE YOKOHAMA SPECIE BANK. LIMITED Capital subscribed... yen 4S,000,OOe Capital paid up yen 20,000,009 Reserve funds yen 21400,000 S. AW OK I, Local Manager FOR RENT Electricity, cas, screens In all aourea Baldwin Fine 3-bedroom house; carafe; 130. 7 Neat 2-bedroom house in town; 1.21. ; "f Maunakea St. rtore .12741- f t Small furnished cotage for two, $15. v j J. H. SCHNACK 842 Kaahumanu St. Telephone SI3S PACIFIC ENGINEERING COMPANY, LIMITED - Consulting ret jnlng and Con , etructlng Engineers v Brldges, Buildings, Concrete Strue tures, Steel Structures, Sanitary Sys tems, Reports and Estimates on Pro jects. Phone 1045. St 7 G 5